Alphabet (NASDAQ:GOOG) shares fell nearly 3% on Friday after the company agreed to pay $100 million to settle a class-action lawsuit tied to its advertising practices between 2004 and 2012.

Shares in Alphabet (GOOGL) slumped today as it agreed to stump up $100 million in cash to settle a decade-old advertising lawsuit. Overcharging Advertisers According to Reuters, a preliminary ...